Immediate changes to the HKD peg unlikely: analyst

Given problems with the alternatives, BBVA Research does not think changes to the HKD peg will happen in at least the next 3-5 years.

BBVA Research noted:

A newly published academic paper by Mr. Joseph Yam, former head of the Hong Kong Monetary Authority (HKMA), has made a stir in Hong Kong.

In the paper Yam says the authorities should consider eventually delinking Hong Kong’s currency peg from the USD in order to curb inflation and asset bubbles. The paper suggests three alternatives: i) a floating exchange rate; ii) having the HKD pegged to China’s RMB; or iii) having the HKD pegged to a basket of currencies.

The paper provoked strong rebuttals from Hong Kong’s senior government officials, including the forthcoming new Chief Executive, Mr. C.Y Leung.

We believe any changes to the HKD peg are unlikely in at least the next 3-5 years, given problems with the alternatives. And while not new, Yam’s views nevertheless, have validity from a longer term perspective.

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia